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20121121
20121121
Search Results 0 to 10 of about 11 (some duplicates have been removed)
army had been stolen from the ministry of defense by the very people the u.s. entrusted to run it. >> that's a lot of money. >> it's one of the biggest thefts in history, i think. >> most of the iraqi officials involved, including the former minister of defense, have skipped the country, but we found one of his deputies vacationing in paris. if you went back to baghdad, you'd be arrested. >> uh, no. nobody will arrest me. they will kill me. [ticking] [camera shutter snaps] >> these surveillance photos were taken by undercover police officers while they watched a team of seven south american thieves clean out an old navy store. >> shirts at $22.50, and they got the whole rack. >> when police moved in to make the arrest, they found enough merchandise to fill a room. all taken in less than an hour without anyone inside the store noticing a thing. [ticking] >> we have never seen a problem of this size and magnitude in world history. >> now hang on. in world history. >> there's more counterfeiting going on in china now than we've ever seen anywhere. >> name an american brand. any brand
them. i'm afraid the details haven't been shared with us. >>> hillary clinton joins egypt in attempting to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. w
thanks to you. happy thanksgiving to all of you. join us on friday. that does it for us today. right now it's time for "squawk on the street." >>> you can have all the turkey you want tomorrow. good morning, welcome to "squawk on the street" i'm carl cramer is off today. some word the fiscal cliff negotiations are not getting off to a good start. moderate red arrows. european leaders failed to reach a bailout payment to greece and will try monday. road map starts on the busiest travel day of the year. there are signs it could be a big quarter for airline and travel, but traditional toys look weak. walmart may have protesters outside its doors on friday. >> deer misses earnings, and the market shrugs it off. >> turmoil in israel with a bomb explosion on board a bus today and a rumored cease-fire that never happened. crude is up $1 as the secretary of state has arrived in cairo. a big day full of planes, trains and automobiles with tens of millions of americans set to embark on their holiday weekend journeys. our phil lebeau is in chicago with more on the holiday travel landscape. how pain
misinterpreted so often in so many ways that it's become more of a hindrance than a help for most of us. so listen up, tonight setting you straight. here on "mad money" we're about long-term investing, often mischaracterized. there is a serious problem with this notion. it goes like this. too often people let the concept of long-term investing get in the way of investing. if you think long-term investing is about making boatloads of money over years, decade, each lifetimes, i'm on board, and that's something i can teach you how to do using the disciplines that allowed me to make fortunes for my already rich partners back in my old hedge fund where i ran a million dollars. however, i've seen people in long-term investing as an excuse, an alibi either for poor performance -- >> the house of pain! >> -- or for not paying attention to what they own. you often hear that you shouldn't worry about your losses or the profits that you're missing in the present, that it's okay to take short-term pain because you'll make back the money you're losing with long-term gains. sometimes absolutely true. but
markets closing at 1:00 p.m. eastern on friday. take a look at the u.s. equity futures. the dow is down by about 3 points. the s&p 500 is off by four. the nasdaq down by about 12. because of tomorrow's holiday, you do have the labor department coming out, releasing its weekly jobless claims numbers today. we get them a day early instead of a day late. also today we'll be getting weekly mortgage rates. and freddie mac will report on the weekly mortgage rate averages as well. >> let's talk about the top global market story this morning. it is greece's international lenders, which did not reach a deal, and now they won't be releasing that next bailout payment. nearly 12 hours of talks failed to reach a consensus. the imf and the central bank all going to gather again on monday to try again, but this is not necessarily good news at all. hostess brands will proceed with a plan to go out of business. the maker of twinkies says last-minute talks with the striking workers broke down yesterday, hearing with a bankruptcy judge set for 11:00 eastern time. then we have another string of bad news. >
time, 2:00 p.m. eastern time here in the u.s. the deal announced by the egyptian leader, mohamed morsi, and secretary of state hillary clinton. it was later confirmed by israeli president benjamin netanyahu. comes just hours after a bomb blew up on a bus in the heart of tel aviv. dozens were injured. so far no claim of responsibility but hamas called it a blessed event. within the last few hours, israeli air strikes continued in gaza. this is video of secondary explosions when an hamas weapons depot was hit. michelle caruso-cabrera, our chief foreign correspondent is watching reaction at the nyse. michelle? >> that pushed the dow to the highs of the session. the announcement of the cease-fire got us another 25 points. we have come off the highs, 12,839 is where the dow stands right now, higher by more than 50 points, .4%. president obama reportedly just spoke with israel's prime minister benjamin netanyahu. john harwood joins us now. john, what can you tell us? the white house had a lot at stake here by sending hillary clinton to try to get this resolved. >> reporter: absolutely. and t
, it really wasn't. as a i talk, you can look at ten-year for every major developed economy. the u.s., the germans, the french, the u.k., the japanese. month to date, the patterns are almost all die dent call. with all these variables, elections, mideast, fiscal cliff, it seems as though there's only so much flight to safety bid you can push into the marketplace. some traders say that's why you didn't notice. in the old days, it would make a difference. yields are already most accommodative from a nervousness standpoint. i will tell you it was the number one conversation. and even though it really isn't about oil, that's the market everybody is trading to of course kind of play the headlines. >> michael, how about you? how does this impact the way you're allocating capital? >> well, as you know, our strategy is about 45% in cash while the prefunctory -- what we'll have left to boost us higher. i think the market does go higher. here's why. you have $85 billion each month from the federal reserve as far as balance sheet expansion. you have negative real interest rates that will be get
the personal portfolio management errors before they cost another dime for us. today we got two phenomenal examples of what could go wrong in banking. first we had hewlett-packard. if you are like me, i have both and hp pc and household printer. to finish at $11.71. best buy. the big box retailer, i have not once but twice done in the last six months. closed at $11.96. two household names that you may have been lured into only to have your hopes dashed. two unmitigated disasters. >> the house of pain. >> what went wrong? hewlett-packard was an accounting scandal. best buy was a hideous earnings shortfall. both seemed to shock investors. however, if you watch this show, you should never have been in these stocks. or you were betting against them. i told you that these companies were total dogs. this morning the company was acquired for $10 million and this was stunning news. if you own hewlett-packard you were in the crosshairs of two dictums. when you have accounting irregularities you have to sell sell sell. i kept a hand-written note, accounting irregularities equals sell. hewlett-packar
-on cnbc interview. good to have you on the program. thanks for joining us. >> sure, maria. >> well, tell us, what happened first yesterday at final mediation talks? was a deal ever close? >> you know, the judge has a gag order. he'll have my head if i talk about what went on during the mediation, but i think that he wanted to make sure that he did everything in his power to try to find a deal, if there was one to be found. you know, i appreciate the fact that he went through that effort. i was hopeful, but i think realistically that was going to be a tough thing to pull off. >> how much of an implication it was the fact the union leader did not show up to those mediation talks? >> well, the leader of the bakers union sent his second in command to the meeting. i think that part of what we needed to sort of focus on is the hole that's been created by the strike and the financial damage from that strike and our inability to produce at some of our critical plants. really just created a brand new hole that was too large to fill. bankrupt companies don't have a lot of margin for error to begin
honor the cubicle, and the home office as well. because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> incredible intrusion into your personal freedom. vermont senator the leading democrat sponsoring this bill denies supporting his own bill. what happened? did he miss the part about rights? we have ckathrine mangaward thi is really something. don't need a search warrant to go into your e-mails. in fact you don't even need prob probable cause. this would be an incredible violation of rights. >> if the whole thing aren't such a mess this would be funny. he wants to read our e-mails without a warrant. the reason this bill is being messed around with right now is it was supposed to be dealt with in september but they were worried that it would be harder to read e-mails. let me just read some of the federal aid. krong but all they have to do is declare an emergency and get a subpoena and go in and read your e-mails. tell me why the local authorities don't like this. this is the version they like. what they didn't like was a pr
Search Results 0 to 10 of about 11 (some duplicates have been removed)